The market size value per capita for mixed odoriferous substances in the food and drink industries in Belarus saw steady growth from 2013 to 2015, peaking at $3.59. A dip occurred in 2016, followed by recovery and gradual increases, reaching $3.76 in 2023. This reflects a growth of approximately 6% over this period. Variations over the past two years show minor increases, with a year-on-year rise of about 0.8% from 2022 to 2023. The CAGR for the last five years indicates a modest increase of around 1.2% annually.
Future trends to watch include:
- Potential impact of economic changes in Belarus on consumer spending.
- Innovations and demand for natural odoriferous substances.
- Regulatory developments affecting ingredient sourcing and labeling.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 73.62 | 2023 | View data | ||
| 2 | 2 Sweden | 49.3 | 2023 | View data | ||
| 3 | 3 Spain | 46.57 | 2023 | View data | ||
| 4 | 4 Canada | 43.75 | 2023 | View data | ||
| 5 | 5 United Kingdom | 43.64 | 2023 | View data | ||
| 33 | 33 Bolivia | 4.5 | 2023 | View data | ||
| 34 | 34 Ukraine | 4.27 | 2023 | View data | ||
| 35 | 35 Belarus | 3.76 | 2023 | |||
| 36 | 36 Uganda | 3.47 | 2023 | View data | ||
| 37 | 37 Kyrgyzstan | 3.17 | 2023 | View data | ||
